REG - Paragon Banking Grp - Result of AGM <Origin Href="QuoteRef">PARA.L</Origin>

Paragon BankingAnnouncement

15/02/2018 14:15

RNS Number : 0421F
Paragon Banking Group PLC
15 February 2018
Paragon Banking Group PLC:
Result of Annual General Meeting
The Annual General Meeting ("AGM") of Paragon Banking Group PLC (the "Company") was held today at 9.00am at the offices of Jefferies International Limited, Vintners Place, 68 Upper Thames Street, London, EC4V 3BJ.
All resolutions were passed on a poll and the polling results for each resolution are set out below:
Resolutions
Votes
For
% of Votes Cast For
Votes Against
% of Votes Cast Against
Votes
Total
% of ISC Voted
Votes
Withheld
1. To receive and consider the Company's Annual Report and Accounts for the year ended 30 September 2017, the Strategic Report and the Reports of the Directors and the Auditors.
192,232,621
99.92
152,833
0.08
192,385,454
73.20
5,863,450
2. To consider and approve the Directors' Remuneration Report for the year ended 30 September 2017.
194,583,324
98.36
3,234,726
1.64
197,818,050
75.27
430,854
3. To declare a final dividend of 11.0p per ordinary share.
198,248,596
100.00
308
0.00
198,248,904
75.43
0
4. To reappoint as a director of the Company Robert Dench.
196,000,767
99.40
1,184,489
0.60
197,185,256
75.03
1,063,648
5. To reappoint as a director of the Company Nigel Terrington.
195,290,087
98.51
2,958,702
1.49
198,248,789
75.43
115
6. To reappoint as a director of the Company Richard Woodman.
197,371,136
99.56
877,653
0.44
198,248,789
75.43
115
7. To reappoint as a director of the Company John Heron.
197,700,950
99.72
547,839
0.28
198,248,789
75.43
115
8. To reappoint as a director of the Company Alan Fletcher.
197,378,904
99.56
869,885
0.44
198,248,789
75.43
115
9. To reappoint as a director of the Company Peter Hartill.
197,734,671
99.75
502,885
0.25
198,237,556
75.43
11,348
10. To reappoint as a director of the Company Fiona Clutterbuck.
197,734,671
99.75
502,885
0.25
198,237,556
75.43
11,348
11. To reappoint as a director of the Company Hugo Tudor.
197,565,687
99.66
683,102
0.34
198,248,789
75.43
115
12. To reappoint as a director of the Company Patrick Newberry.
197,615,942
99.68
632,847
0.32
198,248,789
75.43
115
13. To reappoint as a director of the Company Barbara Ridpath.
197,894,386
99.82
354,403
0.18
198,248,789
75.43
115
14. To reappoint as a director of the Company Finlay Williamson.
197,887,933
99.82
360,856
0.18
198,248,789
75.43
115
15. To reappoint as a director of the Company Graeme Yorston.
197,894,386
99.82
354,403
0.18
198,248,789
75.43
115
16. To reappoint KPMG LLP as auditors of the Company.
198,245,839
100.00
2,565
0.00
198,248,404
75.43
500
17. To authorise the directors to fix the remuneration of the auditors.
198,247,108
100.00
1,673
0.00
198,248,781
75.43
123
18. THAT the Board is generally and unconditionally authorised to allot shares in the Company.
198,233,611
99.99
14,207
0.01
198,247,818
75.43
1,086
19. THAT, the Board be authorised to disapply pre-emption rights on up to five percent of the issued share capital (excluding treasury shares).
198,210,499
99.98
37,706
0.02
198,248,205
75.43
699
20. THAT, the Board be authorised to disapply pre-emption rights on an additional five percent of the issued share capital (excluding treasury shares).
176,706,284
89.13
21,541,921
10.87
198,248,205
75.43
699
21. THAT the Company be authorised to make market purchases.
196,587,198
99.59
816,416
0.41
197,403,614
75.11
845,290
22. THAT, the Board be authorised to allot shares and grant rights to subscribe for or to convert any security into shares in connection with the issue of Additional Tier 1 Securities.
197,483,827
99.62
761,797
0.38
198,245,624
75.43
3,280
23. THAT, the Board be authorised to disapply pre-emption rights in relation to the issue of Additional Tier 1 Securities.
197,284,100
99.51
964,105
0.49
198,248,205
75.43
699
24. THAT a general meeting other than an annual general meeting may be called on not less than 14 clear days' notice.
192,606,519
97.15
5,642,374
2.85
198,248,893
75.43
11
25. THAT the Articles of Association of the Company shall be amended.
197,169,898
99.46
1,074,414
0.54
198,244,312
75.43
4,592
Notes:
(a) The votes "For" include those votes giving the Chairman discretion.
(b) A vote "Withheld" is not counted towards the votes cast "For" or "Against" a resolution.
(c) For resolutions 3, 16 and 17 as the results are reported to two decimal places the percentage of votes "For" is shown as 100.00% and "Against" as 0.00% as there were insufficient votes lodged "Against" to register.
(d) The issued share capital figure used to calculate the percentage voted is 262,814,164. This is the figure as at 13 February 2018 and excludes the number of ordinary shares held in treasury on the Register of Members as at that date.
(e) Resolutions 1 to 18 (inclusive) and 22 were ordinary resolutions. Resolutions 19, 20, 21, 23, 24 and 25 were special resolutions.
The full text of all of the resolutions can be found in the Notice of Annual General Meeting which is available for viewing at the National Storage Mechanism at www.morningstar.co.uk/uk/NSM and at the Company's website, www.paragonbankinggroup.co.uk.
In accordance with paragraph 9.6.2 of the Listing Rules, a copy of the resolutions passed at the meeting concerning special business (being resolutions numbered 18 - 25) will shortly be available for inspection at the National Storage Mechanism at www.morningstar.co.uk/uk/NSM.
Enquiries:
Pandora Sharp, Company Secretary
0121 712 2075

This information is provided by RNS
The company news service from the London Stock Exchange
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